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4 days agoLenskart Files for ₹7,300 Crore IPO; SoftBank to Trim Stake
Eyewear retailer Lenskart filed draft papers for a ₹7,300 crore initial public offering at a valuation of roughly ₹70,000 crore (US$8.4 billion). Backed by Temasek and Fidelity, the offer includes a partial exit by SoftBank worth ₹1,025 crore. Premji Invest and KKR will retain majority holdings. The funds will be used for retail expansion and omni-channel technology. Analysts expect high subscription interest given strong profitability metrics and online traction. The IPO opens October 31 and will list on both NSE and BSE exchanges.
positive
4 days agoLenskart Files for ₹7,300 Crore IPO; SoftBank to Trim Stake
Eyewear retailer Lenskart filed draft papers for a ₹7,300 crore initial public offering at a valuation of roughly ₹70,000 crore (US$8.4 billion). Backed by Temasek and Fidelity, the offer includes a partial exit by SoftBank worth ₹1,025 crore. Premji Invest and KKR will retain majority holdings. The funds will be used for retail expansion and omni-channel technology. Analysts expect high subscription interest given strong profitability metrics and online traction. The IPO opens October 31 and will list on both NSE and BSE exchanges.
positive
Lenskart Files for ₹7,300 Crore IPO; SoftBank to Trim Stake
4 days ago
1 min read
83 words
Lenskart plans a ₹7,300 crore IPO at ₹70,000 crore valuation, with SoftBank offloading ₹1,025 crore and strong demand expected from institutional and retail investors.
Eyewear retailer Lenskart filed draft papers for a ₹7,300 crore initial public offering at a valuation of roughly ₹70,000 crore (US$8.4 billion). Backed by Temasek and Fidelity, the offer includes a partial exit by SoftBank worth ₹1,025 crore. Premji Invest and KKR will retain majority holdings. The funds will be used for retail expansion and omni-channel technology. Analysts expect high subscription interest given strong profitability metrics and online traction. The IPO opens October 31 and will list on both NSE and BSE exchanges.
Eyewear retailer Lenskart filed draft papers for a ₹7,300 crore initial public offering at a valuation of roughly ₹70,000 crore (US$8.4 billion). Backed by Temasek and Fidelity, the offer includes a partial exit by SoftBank worth ₹1,025 crore. Premji Invest and KKR will retain majority holdings. The funds will be used for retail expansion and omni-channel technology. Analysts expect high subscription interest given strong profitability metrics and online traction. The IPO opens October 31 and will list on both NSE and BSE exchanges.
Companies:
Lenskart
SoftBank
Temasek
+1 more
Tags:
startups
IPO
startups
IPO
Lenskart
SoftBank
India
Oct 26, 2025 • 14:40 IST